IDBI Bank Relationship Manager Arrested in Bengaluru for Transferring Rs 4.92 Crore Illegally From Customers’ Accounts to Various Accounts
Sajila, from Tamil Nadu, worked between June 2022 and December in the Mission Road Branch during which she had illegally transferred money to various bank accounts from customers' accounts.
Bengaluru, January 30: Karnataka police have arrested a relationship manager of IDBI bank in Bengaluru in connection with transferring Rs 4.92 crore illegally to various accounts, police said on Monday. According to police, 34-year-old Sajila, a relationship manager attached to IDBI bank, Mission Road branch in Bengaluru is the arrested person.
The police have recovered Rs 23 lakh worth LIC bond and the computer used to commit the crime. The accused has been taken into police custody for further investigation. Bank Fraud Case: CBI Registers FIR Against Mumbai-Based Company on Allegations of Bank Fraud of Rs 4957 Crore.
Sajila, from Tamil Nadu, worked between June 2022 and December in the Mission Road Branch during which she had illegally transferred money to various bank accounts from customers' accounts.
This has been done without the knowledge of customers. Sajila had managed to prevent the withdrawal messages to the customers. The accused manager had targeted rich clients' accounts.
The accused had transferred Rs 4.92 crore on December 23, 2022. The money was invested in the LIC bonds. IDBI Bank Deputy Manager Sangameshwara, after noticing the fraud, has lodged a police complaint in this regard with the Sampangiramanagara police station here. Following the complaint, the police cracked the case and arrested the accused manager. The cases are lodged for breach of trust and cheating. Hindenburg Research Hits Back at Adani Group's 413-Page Response, Says 'Fraud Cannot Be Obfuscated by Nationalism'.
Police explained that accused Sajila while working at Gandhinagar Branch in Bengaluru earlier had allegedly transferred Rs 2.90 crore from customers' accounts to her account. She had invested the money in LIC bonds. The case was lodged against her in Upparpet police station in Bengaluru.
(The above story first appeared on LatestLY on Jan 30, 2023 11:12 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).